Preliminary Period definition
Examples of Preliminary Period in a sentence
Notwithstanding anything to the contrary contained herein or in any of the Leases, Master Landlord hereby covenants to Wachovia that it shall not effect any LL Transfer (other than an Exempt LL Transfer) under such Group A Lease until after the expiration of the Preliminary Period.
If Tenant fails to notify Landlord of its election with respect to any portion of the Release Premises prior to the expiration of the Release Premises Election Date, then Tenant shall be deemed to have elected to surrender such portion of the Release Premises not later than the expiration of the Preliminary Period.
Notwithstanding the foregoing, either Landlord or Tenant may terminate Tenant’s right to possess and occupy such Surrender Release Space at any time following the expiration of the Preliminary Period upon thirty (30) days’ prior written notice to the other party.
If an Order for Made-to-Order components is accepted by Gables, then the Customer may cancel the Order during the Preliminary Period if it does so in writing and pays a cancellation fee of 30% of the total anticipated charge for the Order (less shipping charges).
The “Term” begins on the Effective Date and includes the Preliminary Period, the Initial Term and any Extended Term(s).